The Day Ahead: PM Edition 2021-11-08

Dollar on track moving lower, gold moving up. Still waiting for equity indices to get a retrace started

Nov 09, 2021

∙ Paid

Bonds

ZB slipped back a little today but nothing to be concerned about. I think it fair to look for higher before a larger correction and even then, expect a new swing high after that. Next overhead target at 163^24.

Crude Oil

Crude tested resist at 82.74 today and rejected it. I’m assuming a triangle wave iv in development making this a candidate for ‘[B]…

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